Confidential Tenant Leases Office Space At 5201 Congress Avenue Boca Raton For 130 Months
5201 Congress Avenue
$28
$28/SF
Building Size
24,653 SF
Asset Type
Office
Closing
May 20, 2026
AI
The property asset involved in this transaction is an office space located at 5201 Congress Avenue in Boca Raton, encompassing a total area of 24,653 square feet. The leasing agreement pertains to a NNN lease structured for a term of 130 months between the landlord and the tenant.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Disclosed
- Address: 5201 Congress Avenue
- Market: Boca Raton
- Lease Term: 130 Months
- Lease Type: NNN Lease
- Landlord: Mainstreet Capital Partners
- Tenant: Confidential Tenant
- Landlord's Representative: Joseph Freitas - CBRE
- Tenant's Representatives: Greg Katz, Carlyle Coffin & Dean Katz - Stream Realty Partners
This transaction involves key representatives from both sides. Joseph Freitas represents Mainstreet Capital Partners through CBRE, while the confidential tenant is represented by a team from Stream Realty Partners, including Greg Katz, Carlyle Coffin, and Dean Katz, providing comprehensive brokerage services in this lease agreement.
Players
Boca Raton Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
566535.71%
Cash-on-Cash
-161917.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93